Why Plug Power Stock Skyrocketed 28.5% Today

Shares of Plug Power (NASDAQ: PLUG) jumped on Monday, finishing the day up 28.5%. The spike comes as the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) were both up modestly.Plug Power, which is developing hydrogen-based clean energy technology, received a boost from the Senate's latest version of the "Big, Beautiful Bill."President Trump's "Big, Beautiful Bill" is currently working its way through Congress. The Senate's latest version includes a provision extending hydrogen industry tax credits through Jan. 1, 2028, two years longer than the previous version. This significant change sent hydrogen stocks across the board higher.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool